Mr. Speaker, I picked two words from the member's speech. Those two words were transparent and competitive, that the process is transparent and competitive. What is transparent is the strategy used by the government to make sure one company and one company only takes over the airlines. It is very transparent.
The member stated that on October 26 the minister started a new strategy and in a new direction to see how the airline would eventually be taken over. He would make the process more competitive by perhaps abandoning the 10% rule to allow an airline or a company to own more than 10% of a Canadian airline. We must realize that by October 26 there were only 16 days left in the process. There are only 14 days left in the process now. Suddenly we are opening it up.
By some type of a miracle or coincidence Onex puts a bid in for 14.5% Canadian ownership. It is a coincidence. I understand that, but the bottom line is that if he wanted to make the process competitive, should he not have changed the 10% rule at the very beginning of the process? Probably a number of other bidders would have bid on the process at that time. However, 74 days into the process they have been cut out. They will not come in now with a new plan so what we really have to do is extend the timeframe.